Statute · California Corporations Code
Cal. Corp. Code § 5351 — Rights and Obligations of Members and Creditors
Cal. Corp. Code § 5351
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A corporation may levy dues, assessments or fees upon its members pursuant to its articles or bylaws, but a member upon learning of them may avoid liability for them by promptly resigning from membership, except where the member is, by contract or otherwise, liable for them. Article or bylaw…
Citator
Cal. Corp. Code § 5351 — Rights and Obligations of Members and Creditors is in force in the current edition of the Code, and nothing recorded condemns it.
A corporation may levy dues, assessments or fees upon its members pursuant to its articles or bylaws, but a member upon learning of them may avoid liability for them by promptly resigning from membership, except where the member is, by contract or otherwise, liable for them. Article or bylaw provisions authorizing such dues, assessments or fees do not, of themselves, create such liability.